- A Retail Store Faves A Damand Equation For T Shirts Given By 150 15p Which Is The Member Of Shirts Sold Per Month 1 (46.13 KiB) Viewed 50 times
A retail store faves a damand equation for T-shirts given by @= 150 + 15p, which is the member of shirts sold per month
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A retail store faves a damand equation for T-shirts given by @= 150 + 15p, which is the member of shirts sold per month
A retail store faves a damand equation for T-shirts given by @= 150 + 15p, which is the member of shirts sold per month and Pis the price in dollars. The store currenty charges P. $50 per shorts a. At It's price, determine è no of shirts sold. b. If mgt were to raise the price to $100 what would be the impact on shirts sold and on è stores revenue for Shirt. C. Compute the point elasticity of demand, P= $80 the of Compute point of elasticity at P = $100 e. At which price is demand more price sensitive